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& bonds and additional port funds our budge is 21 million for cran copark today. the estimates cost looking at construction cost and is plus an estimatemation contingency of 50% puts us at a subtotal of $33 million and are soft costs are between 30 and 33% and we have it at 33 and for a total cost of 43 and-a-half million dollar and this equates to $4.8 million in a customer, a acre which, is similar to other city front parks in the city and the other thing to note is because of the other high level conceptual of the park we have a 50% contingency because of the scion and that contingency can come down and those cost can come down but recognizing thats that's the best information that we have today and we might be look at what we might be able to phase as an initial projection of the park and what we can deliver as a first phase is outlined in yellow and so it's a multipurpose green and there is a slip way four area, the short line area, east of slip way four and then 19th street to access the park. if costs come down begin to come down as a part of getting into more detail and a
this could be affecting us on down the road. >> reporter: we have the port of baltimore generating lots of money and jobs. but the longshoremen thousands of them if they go on strike sunday, everything all of the cargo that comes through the port will be affected. the stuff that's in the containers are clothes toys electronics. just to give you perspective here, 55 billion dollars worth of cargo is handled in an average month by ports on the east and gulf coast. so if a deal can't be reached by saturday, thousands of dock workers will be walking off the job sunday morning. and at issue are the large containers and the payments longshoremen get. shipping companies pay royalties to dock workers for the containers based on the weight. but they want to get rid of the royalties something longshoremen are not willing to give up. and if an agreement cannot be reached the economic impact from a strike would go well beyond our ports. >> the impact would be great on the dollar value side and on the job side because these ports are major economic generators. >> reporter: and it's not just the port
-3 3 & 3 ,3 a major strike at 15 major east coast pprts.. including the port of baltimore could bbgin this weeeend... and pould affect billioos of dollarr of cargo along the east coast. coast.the contract between the association and the u-s en - maritime aaliance... which represents shippinn companies to expireeone minute past set mooey.manageeent wants to reeuce "connainnr rooalties." if a ddal isn'ttreachhe... a strike ould stop ll container traffic at the port. (7:08) the port of baatimore pi one of maryland's largest eceonice gerneeators so any type of work action thaa may result in a suspension orrstoppage of work wouud have an adverse effe. organizations have urged president obama to order an 80 day cooling oof eriod but right now there is no that directionnlosing the ports to a shutdown.. even for a few days.. could cost the 3conomy billions f dollars..- a high-stakes meeting wwll be held in washington today.... between preeident obama and top congressional leaders. leaders.they've got just 4 days left to reach an eeonomy goes overrthe e u-- so-called "fiscal cliff." that
with the port of oakland, a $7 billion a year operation. we uncovered that top port officials tried to claim that the spending of hundreds of dollars of public money was legitimate expense. in one case the spending happened at a private room karaoke bar that some people suggest that front for prostitution. eric rasmussen leads the investigation. >> reporter: for several nights we recorded a parade of scantily clad women, many dropped off all at once from a mine vivan going into this downstairs bar in mid town oakland. it's a familiar scene neighbors say they have been concerned about for years. >> the first thing that i thought there is just too many of them to be waitresses in this place. >> reporter: cafe juliet, a business that bills itself as a private room karaoke bar is also where the port of oakland's international marketing manager spend $5 auto,000 of the receipt shows his credit card was charged at 1:44 in the morning and he wrote it was a business meeting with four members of china merchants a large port operator in china who were in town for a trade symposium. >> it was what is
that have affected change here in the bay area and n-impact your daily life and we begin with the port of oakland, a '7 billion a year operation and wen uncovered top port officials tried to claim that the spending of hundreds of dollars of public money was legitimate expense. in one case the spending happened at a private room karaoke bar that some people suggest is a front for prostitution. eric rasmussen leads the investigation. >> reporter: for several nights we recorded a parade of scantily clad women, many dropped off all at once in midtown oakland. it's a familiar scene that neighbors say they have been concerned about for years. >> the first thing i thought there was just too many of them to be waitresses in this place. >> reporter: cafe joliet is where the port of oakland's manager like, dunnigan show his credit card was charged at 1:44 a.m. on his experience report dunnigan wrote, "it was a business meeting with china merchant, a large port operator who was in town for a national symposium. a regular told us, you can get girls here." in an online rough for the same location
enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so-called fear index or the vix, soaring more than 4%. fiscal cliff concerns pushed the index to the highest level since july. one bright spot though was on the housing fnt. the monthly case-shiller report found october home prices rose 4.3% mpared with a year earlier. the data giving a late sign of recov
on that coming up in about six minutes. stick around. but a strike has effectively shut down the port of entryr many of those prod . >> we depend on goods shipped from over seas but a strike shut down the port of entry for many products the part of las angeles and long beach california. it came to about $200 billion worth this year. so what's the problem? here's cbs news reporter john black stone. >> reporter: it began with 70 workers now all 800 members of the union are on strike. but 10,000 other workers are refusing to cross the picket line. that's brought the normally busy port to a near stand still. >> there's probably about a billion dollars worth of goods that come through this port everyday. and we probably got a -- about 900,000 or so people in the south land who's jobs are tied to the activity going to this port. >> six ships are anchored off the coast. >> if the ships are not working. the truckers are not working. the warehouse people are not working. it will ripple through the supply chain. >> it doesn't take much of a delay to cause problems for people. >> no. a very short delay wi
to the oakland ports spending scandal complete bay area news coverage starts now. this is bay area news at 7:00. >> good evening, it's monday, december 10th. this is bay area news at 7:00. first, a father is shot dead. now, two days later, his stepson is shot and wounded just away. we have jade to tell us more. >>> well, people who live here are talking. one man in particular is a pastor who lost his neighbor saturday. today, he could have lost that man's son all because of gun violence. >> his sign says it's time to come together. >> pastor nicolaus alexander. this morning, he was sent to a neighborhood for another shooting. the first shooting took place in front of the pastor's home on saturday when someone shot and killed a neighborhood while he was sitting in his car. >> we were friends. he was by neighbor. and so he wasn't a gang member or somebody that is on the streets or whatnot. he was a father. >> reporter: this morning, pastor says williams stepson was a block or so away from friends when someone opened fire. bullets struck the man and grazed a man by him. >> i don't see for
at the wrong time? in today's cover story, from the port to the picket lines. an east coast port strike threatens to rattle the economy. after years of cutting out credit card use, why shoppers are getting back into the swipe of things. plus, could a tumble off the fiscal cliff hurt the markets? one trader says don't fall for the hype. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, december 28th. i'm angela miles. in today's first look: watch your neck. the market is a head-turner. yesterday the dow dropped more than 100 points on word out of washington a resolution to the fiscal cliff was unlikely. but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantag
. >>> well, ports along the east coast and gulf coast will be there for 30 days. the u.s. maritime alliance and it was said to expire at 1 minute past midnight on sunday night and the two sides agree to extend the contract while negotiations continue. >> reporter: it would have cost more than $1 billion a day at the longshoreman's union and the u.s. maritime alliance representing the shipping companies did not come to the temporary contract agreement. a federal mediator said, quote, the container royalty payment issue has been agreed upon in prince pa -- principle by the parties. subjects were achieving an overall collective bargaining agreement. at dispute, the wages and container royalty fees which, are salary supplements based on what east container weighs. the shipping companies wa to cap those at last year's level but the nearly 15,000 longshoremen didn't want to froze and what they consider not an extra, but a part of their salaries. the new contract is not agreed upon and imports and exports like electronics, non- perishable foods, auto parts, airline parts, computer components, tile
for getting cargo to and through the ports and to the stores. >> now a looming strike involving thousands of dock workers could hit us soon. and linda so is live this morning in federal hill and linda just how soon could we be seeing the impact of this. >> reporter: well it could happen this weekend. i mean when you think about what happens at the port of baltimore, thousands of cargo containers coming in things with toys and electronics and our clothing and the dock workers are responsible for getting that cargo off the containers and into the stores but if this looming strike were to happen you can imagine the economic impact it would have. just to give you perspective, 55 billion dollars worth of cargo makes its way through our ports in an average month. so if a deal can't be reached by saturday night, thousands of dock workers will be walking off the job sunday morning. at issue are the large containers and the payment longshoremen get for them. shipping companies pay royalties to dock workers for the containers based on their weight but they want to get rid of theroyalties something
development, the port, department of public works, department of real estate, recreation and park department, the arts commission, and mta. if i can get the overhead, please, i'd like to first orient everyone as to the site. so, this patch of land you may be familiar with the intersection of 16th and seventh is the area of the future daggett park and its affiliated development. the new park will be located along the daggett street right-of-way which is currently an unimproved patch of land at the intersection of 16th and seventh as i said. this area here. through the in-kind agreement the new park will be built by archstone [speaker not understood]. the project includes approximately 470 units of rental housing accompanying floor retail and [speaker not understood] by the planning commission in july of 2011. so, the next overhead show is the project orientation. see the park in the middle along the public right-of-way and the development along the private parcels. the project is projected to owe the city $4.2 million in eastern neighborhoods infrastructure impact fees. archstone is seeking a
orton development, inc. and the san francisco port commission. >> thank you. we have [speaker not understood] on this item. wait one second so he can switch over the microphones. >> good morning, kathleen [speaker not understood], planning and development group. and i'm here today to talk to you about what we believe is an incredibly exciting project and opportunity to bring back to life some of the oldest buildings in san francisco. quickly, these are at pier 70 located in the city at pier 70, which is south of mission bay, east of potrero hill. and then what we're talking about specifically at pier 70 is the historic court that's shown in red in the locator map. we're here to ask for today are two specific actions which help begin the process and get your concurrence that we're on the right track. we're requesting endorsement of the term sheet with orton development for the rehab of these buildings. and then the finding of fiscal feasibility so we can begin environmental review. very similar to what's done on the arena a week or two ago. so you understand the [speaker not un
deadline threatening the u.s. economy. dockworkers at some of the nation's biggest ports could walk off the job this weekend, if a new labor deal isn't reached. as allison worrell reports, a strike could ripple far beyond the ports. >> reporter: if a deal isn't reached by 12:01 a.m. sunday, union dock-workers will take to the picket-line. 15 ports span the east and gulf coasts. and while they're in different locations, handling different types of cargo, they all agree, a strike would be very bad for business. >> it's really important for the people in our country to recognize, in this state, that a strike combined with the ongoing negotiations between congress and president obama regarding, um, the so-called fiscal cliff could be a one, two combination knock out for nation's economy. >> if a strike does happen that means a big chunk of the more than 14,000 members of the international longshoresmen association will be off the job. >> reporter: the ports impacted generate an estimated $11 billion in state and local taxes annually. but losses from any strike will be felt far beyond the co
client is very concerned that the port of san francisco is continuing to negotiate with the giant not with andlinging the departure of the quite iaye that constitutes the bulk of the propyling submitted by w w llc., almost all of the development compatibility in the s w l associate the rl l c team's proposal seams to be out of the picture snow. the report is that the existing proposal is a little she'll that reresembles nothing to the only proposals that is not only tremendously unfair to the other bidders who participants in this process but it's not competitivive bidding. cortiish's involvement not the giants the accordingly the commission does nottish an llc.,, -- to be clear nobody doubts that the giant are a great baseball team but everybody knows that the giant are not a development company capable of developing this new property with million dollars of new opposites and retail square footage. sever company retail companies spent hundreds of thousands of dollars putting to the a proposal that may only benefit the giants the giant may bring in another development company bu
and well. latest fm threatening stris as more than dozen up shipping ports. big deal you say? very big deal and here's why. a lot of stuff in the ships that frequent ports, everything from electronic items you found a hard time getting your hands on this holiday season to basic consumer staples like fruits and vegetables you might not find anywhere. unions navigating uncharted waters and going at our wallets because any delay getting stuff off the ships i tell you is going to be big, ship. and i'm not, shipping you. i practiced that repeatedly. in fact, after you hear what we're about to tell you will almost wish the mayans were right. now the cost of living has just gone way, way up. to melissa francis, who says we don't need any of this. caroline heldman who said unions are actually entitled to do this. caroline, oh mayan, you have some explaining to do. what do you think? >> well, neil, i think that wages hhve been stagnant since the early '80s because of decline in unions. that unions make wages 28% higher. neil: artificially higher. artificially higher. >> wages have not kept up with i
for many of those goods. the ports of los angeles and long beach, california. they are critical, because those ports handle about 39% of all the goods that arrive by ship. it came to about $200 billion worth this year. what's behind this strike? here's john blackstone in l.a. >> reporter: it began with 70 workers. now all 800 members of their union are on strike. but 10,000 other dock workers are refusing to cross the picket line. that has brought the normally busy port to a new stand still. geraldine knatz directs the port of los angeles. >> there's probably about a billion dollars worth of goods that come through this port everyday and we probably got about 900,000 or so people in the southland whose jobs are tied to the activity going through this port. >> reporter: the ports are clogged with 16 ships waiting to be unloaded. another six are anchored off the coast. >> if the ships are not working, the truckers are not working, the warehouse people are not working. it will ripple through the supply chain. >> reporter: it doesn't take much of a delay to cause problems for people. >> no.
& e. >>> another top executive has gone from the port of oakland of questionable spending of public money. ktvu's noelle walker tell us, the port finally released a report that we have been asking for for months. >> reporter: the board sat on a special session, at the end of the session they released this. two internal reports revealing funds. >> we don't typically release audit reports. >> reporter: the port's acting director tell us it's the transfer of the port to a more transparent organization. more than $67,000 in extravagant gifts might violate state and federal laws. that some unsubstanciated expenses were found. >> we're going to look at it. make sure mistakes of the past are not repeated. >> reporter: the internal investigation reveals misuse of company credit cards. one in houston rein a second one in minneapolis. the report does not investigate cafe juliet. >> they looked at the role of port employees and whether port employees conducted anything that violated port policies. and they determined that that did not take place. >>> a port spokesman told me today the two men
are there in a bit. >> repor strike looming at the port of baltimore and ports along the east coast. why thousands of longshoremen could walk off the job this weekend and what it could mean for our economy. >> linda so looking cold downtown. we have temperatures in the 30s. how about 600 miles to the south in west that's a snowstorm for tomorrow. details coming up. >> reporter: my 69 -- mike, 695 is nice and clear. i will let you know what traffic looks like on 95 and 83. all coming up on good morning maryland. >>> good friday morning. this is your abc2 news to go i am megan pringle. >> i am charley crowson. meteorologist mike mat co changes could be on the way but not right now. >> look at how beautiful this is chesapeake beach. man it's chilly. the airport 33 degrees and westerly wind at about 3. so that's making the temperatures feel like they are in the 20s. it's 3 # elders-- 32 eldersburg. baltimore city at 39. winter weather advisory towards northern harford county and cecil county. you get the deal. clouds will be in here during the course of the afternoon 600 miles to the south and west th
to walk out of ports this weekend. jonathan gould said this strike would make things worse. jonathan, what is the impact to the retailers? >> thank you very much, tom, impact for not only retail industry but all industries rely on the ports for imports and exports will be significant if they are allowed to shut down for any length of time witness once the contract expires this weekend. tom: from department stores to lumber, and auto, will one be hurt worse? >> this will be wespread across all industries, including retail, manufacturers who rely on inputs to production, farmers trying to get theirroducts overseas, and trucking companies who rely o ports to move containers in and out, this will be wide spread. for all industries who rely on the ports, in and out of u.s. tom: what is the fight? what is the problem? >> well i think there are a number of issues that need to be discussed between the unions. we're not taking issues on any -- positions on any of the issues, everything from container royalties, to jurisdiction issues, and from management side issues with regard to work rules and ef
shawan mmp 3 a major striie at 15 major east coast ports.. including the poottoffbaltimore could would affect billions of dollars of cargo along the coast.the contract between he inteenational longshoremen association and the u-s maritime alliince... whichh and port operators... is et to expire one minute ast midnight ec 30th.tteeissuee? reduce "contaaner royalties." if a deal isn't reachee... a strike could stoo all container traffic aa the port. (7708) the port of baltimore is ne of maryland's largess eceonice gernerators so any type of ork action hat may stoppage of work would have an effect.morr ttan 100 organizations have urged ppesident obama to order an 88 ddy cooling off period but right now there is no administration will move in thattdirection.losing the ports to a shutdown.. even ffr a few ays.. could cost the economy billions of dollars. 3 a high-stakes meeting will be held in washington today.... betweenn resident obama ad &ptop coonressional leaders. leaders.they've got just 4 days left to reach an aageement... before the u-s economy goes over the poocclled "fisc
port was absolutely mandatory when you have this event. i said to the australian staff, because of that we are closer neighbors right now. here you can see an example that was before the earthquake, the distance of the low tide. and now it's absolutely far away. so some marine small sea life in there absolutely disappeared. that's another effect you can see a lighthouse in there before tsunami and where is the lighthouse in the middle of the island down there after the tsunami. so the bottom is absolutely came up. another example. another effect of -- global effect. because of the change of the mass of the earth, because it moves so it change slightly the configuration, it has an effect in the axis rotation of the globe. it moved 8 centimeters north pole to the east and that means rotation increased 1.26 millions of seconds so you work less because of chili right now, but it's an impact you have to take into account that happened because of that earthquake. here i can show you a set of photographs of the destruction in the coastal villages, most of them was because of the ts
how soon you can expect rain. >>> another major shakeup at the port of oakland, as ktvu don'ting -- continues the investigation of questionable spending into public money. on your prepaid card? introducing chase liquid. the reloadable card with no fee reloads and withdrawals at chase atms. all for one flat monthly fee so there's zero confusion. get rid of prepaid problems. get chase liquid. >>> there's been another shakeup at the port of oakland of questionable money of public money. james kwan is now spending down. the announcement comes as the port released an internal audit. the audit says some of the port's credit cardholders squirted spending limits on single transactions. it also says more than $67,000 in extravagant gifts may violent state and federal laws and that some expenses expose the port to tax liabilities. >> it's something that we take seriously and are not gonna close our eyes to. we're gonna look at it and make sure mistakes of the past are not repeated. >> quan is the second executive to step down. omar benjamin refired last month -- retired last month. th
luxe 125 has been approved. >> item ten a presentation and decide on the port of san francisco blue green way project >>> good answering commissioners david with planning and development and i am to take this opportunity to give the commission and the public an update on a variety of blue green way project and this is a project to complete the water trail from san francisco mission creek on the north to the county line on the south it's a project that has been led by the port but includes many region state and regional agencies currently we have seven project in the act of planning and design and two projects that have been recently completed and so this map illustrate the line of blue green way planning and design guidelines and this is a community planning guidelines to define the los angeles and use and provide community and continue youth between the water front and we initiate tattediated this in 2010 and released a address in 2011 and we are aiming to complete this in january of next rather and one of the reasons that we have not been able to complete this yet is to get a nu
. that does not sound like they moving the ball forward. >>shepard: in public. >> a strike at major ports in california could make it harder to find gifts this holiday season. we will have an update on negotiations. and iran military leaders say they captured a united states drone. again. but the united states says hang on, iran, so what is this thing the iranians are showing on iranian state tv? that is ahead. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >>shepard: officials are denying claims that iran has captured another american drone. the denial is after iranian state television aired images of thi
, still drifting at this point. >>> america's fastest growing port, you think it is los angeles, maybe new york, think again. savannah, georgia tops the list thanks to exports of chicken feed, a delicacy in asia. the head of the port is up ahead. tracy: maybe he will tell us how to eat those. ashley: no. tracy: outrage over spending bill for superstorm sandy is filled with pet projects in washington, d.c. while people are still devastated by the storm. liz claman on the story. ashley: from chicken to pork. time for stocks now. as we do every 15 minutes we head to the floor of the new york stock exchange, and nicole petallides. the market is literally at a stand till over this fiscal cliff. >> i knew you knew where we were going every 15 minutes, ashley. we have to check in on the markets. you're seeing the dow who haver around the unchanged line, down three points now. tech-heavy nasdaq the worst of the bunch down one half of 1%. app, i'm also watching whether or not the dow will have winning week. we had three straight weeks in a row of gains. if we close right here right now we're all ri
strike by longshoremen. union leaders for nearly 15,000 dock workers at every port from texas to maine say they'll walk off the job on sunday. we asked anna werner to find out how a strike would hurt the u.s. economy. >> reporter: the port of houston handles 42 million tons of cargo every year. it extended its hours this week to try and get shipments in and out before a strike can bring the port to a standstill. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore,
if the deal is not reached this week, but potential strike, law shoreman threatening to walk off the ports in the east on gulf coast. this could disrupt billions of dollars in shipments. joining us now ed butowsky, a hell of a way to start a week with the threat after strike. to put it in context, when l.a. had a dock workers strike ten years ago, it cost a billion dollars a day. this is going to affect ports in newark, houston, miami, this could be several billion dollar hits every day to our economy? >> yeah, and i tell you, when you look at it, it's really similar. there are some parallels to the fiscal cliff discussion. because the arguments are about are the royalty payments that the dock workers get for bringing merchandise on board and unloading the cargo and what the similarity is really that we're not-- they're not talking about more business, they're talking about how do we split up the same pie and same thing with the fiscal cliff, we're not talking growing the economy, how do you split up the economy getting the tax revenue and the same thing with the longshoreman strike. which
. how much money as the port authority gone through and how much are they overbudget? >> originally in the first month after 9/11, when the port authority had a first financial where they put out, they said we are not going to have to pay the cost of this in rebuilding. and they said that we are going to get all of this money for the federal government. do not worry. ten years later, they had borrowed nearly a billion dollars. after the storm, they thought they were getting all this free money from washington and they didn't spend it very well. >> all right, why is the port authority involved in the first place? are they supposed to run the bridges and tunnels and transportation? i don't get it. >> one of the things about the port authority is it is a bistate agency. new york and new jersey governors run. what they have done is use it as a slush fund, kind of off the books government. voters don't really have any say in it. they collect all of their money. the tolls just went up and all of the hudson river crossing the port authority controls. it is now $13 to go across the george w
in our investigation of the port of oakland and improper spending less than a week after the port announced the retirement of its director, james quan won't be leaving work there all together. how much he will continue to earn there. noelle. >> reporter: ktvu has learned starting next year james quan will continue to work with the port for a period of 7 months, essentially as a consultant. a port spokesman says he'll be a retiree annuitant. working with transition. this is the same james quan who earlier this month along with former port executive director agreed to pay back more than $5000 they spent at strip clubs and charged to the port of oakland. we spoke via skype with kelly who teach business ethics at uc berkeley. >> given the egregiousness of the allegations against him and his team, it seems shocking they would want to continue to associate with what i think is a damaged brand. >> reporter: the port announced his retirement earlier this month on the same day it released an internal audit and investigation that revealed some of the credit card holders skirted spending lim
% of gasoline to bay area pumps. >> we have a new twist in our investigation of the port of oakland and improper spending less than a week after the port announced the retirement of its director, james quan won't be leaving work there all together. how much he will continue to earn there. noelle. >> reporter: ktvu has learned starting next year james quan will continue to work with the port for a period of 7 months, essentially as a consultant. a port spokesman says he'll be a retiree annuitant. working with transition. this is the same james quan who earlier this month along with former port executive director agreed to pay back more than $5000 they spent at strip clubs and charged to the port of oakland. we spoke via skype with kelly who teach business ethics at uc berkeley. >> given the egregiousness of the allegations against him and his team, it seems shocking they would want to continue to associate with what i think is a damaged brand. >> reporter: the port announced his retirement earlier this month on the same day it released an internal audit and investigation that revealed some of the
. the port of new york and new jersey, most of it is on the new jersey side is the mega port of the east coast. 250,000 jobs, 25 billion to $30 billion of economic activity for the nation suffered widespread damage. ships were unloading during the course of the storm, b a full recovery from the damage caused on theorts will take much longer. the storm surge grew to 14 feet, winds were about 90 miles per ho, pore than 700 cargo containers were damaged when the surge and high winds toppled the containers on to another. in thispicture, you can see half of the rt authority barge was lifted on to a berth in red ho hook. in jersey cy, a float was used to move railroad cars broke in half. 150 feet of railroad track was washed away. cargo handling cranes and other pieces of equipment were severely damaged. this is also important to national security issues, in the last background, the only port in bayonne, new jersey was closed, so the use of commercial port for forward projection for the east coast is the port of new york and new jersey. when it cannot operate, it's part of a national security
that would hit ports stretching from massachusetts to texas could have a ripple effect on the national and global economy. just days after a west coast port strike was resolved, this new walkout is being threatened by nearly 15,000 longshoremen union members who are upset over wages and royalty payments. the strike would cripple 15 different ports. the union did not answer our calls, but the national retail federation says the walkout would cause a national economic emergency, and urges president obama to use "all means necessary" to prevent a strike. "we thnk the ripple effect would be fairly significant. all the industries that rely on parts, both importers and exporters, manufacturers, farmers, truckers, rail, you name it, all rely on the ports to move the nation's and global commerce." that was jonathan gold, vp of the national retail federation. the current contract expires at midnight on december 29th. lawmakers remain divided today over a deal to avert going over the fiscal cliff. last night, the house passed legislation known as plan b, which raises taxes on americans earning $
in washington this weekend. >> port: thpresident declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that we're going to get something done before the end of the year. >> susie: you know thanks for that report. i am just wondering from all of the reporting you have
he used to be in the ports. this type of boxes. >> (speaking spanish). >> so they were sit over these big boxes and play over them. >> (speaking spanish). >> but for the blacks these type of instruments were not allowed to be played because they were too loud and for the church they will provoke movement that was not appropriate. >> (speaking spanish). >> they could also work as a form of communication with the drumming patterns. >> (speaking spanish). >> this was what was going on in africa. >> (speaking spanish). >> and from some of the sounds they used to play that we almost lost all of them we still have some that he remembers. >> (speaking spanish). >> for instance -- >> (speaking spanish). >> this means "attention be alert. something is going to happen". >> (speaking spanish). >> wake up. wake up. >> wake up, wake up. (speaking spanish). >> and this are some of the drumming patterns that have been rescued by the cultural association. >> (speaking spanish). >> the african and review itse s size. >> (speaking spanish). >> to the actual size that he has. >> (speaking span
a walk out threatens at midnight as long shore men and the port of baltimore can make a deal on a new contract. the port is one of the main economic generators in maryland. the two sides are supposed to sit down saturday to end the standoff. the main issues, royalties. . >> and it's unfortunate that we have gotten to this point. this has been known for months. again, when work interruptions happen nobody wins. >> it's not just the port of baltimore that's affected here. 15 ports with 15,000 worker also be impacted from maine down to texas. >>> the senate is back hoping to find a compromise to avoid the fiscal cliff. the house is still on a break leaving some to wonder if there is time to strike a deal or if the economy is doomed to go over the edge when the clock hits midnight. >> reporter: hundreds of waterford crystals in installed on the ball in new york's time square. the countdown to the new year is underway. in washington there is a much more ominous count down underway. five days and counting until the united states economy goes over the fiscal cliff if something isn't done.
such a deadly weapon? what's the gunman began in 1996 port arthur massacre was from new town, australia and. within days, australia, a country of hunters, passed the strictest gun control legislation in its history. there have been no mass killings since. the academy award winning filmmaker michael moore, the director of "bowling for columbine," response to the sandy hook massacre. >> there are crazy people and there are shootings and killings in norway and france and germany, but there hasn't been 61 mass killings like there have been in this country to a sense columbine. >> and the nra facebook page has gone dark. we will speak with lisa graves about big guns and big money. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. residents of newtown, connecticut, have begun holding the first of many kernels for the 27 victims killed in friday's shooting rampage at sandy hook elementary school. on monday, noah pozner and jack pinto, 06 years old, were laid to rest in small caskets. more funerals are slated today including two m
. this is the looming port strike threatening to shut ports from boston, miami and beyond. florida governor rick scott telling the media a strike will be devastating to his state's economy. governor's right but it's an entire nation about to get slammed. brent is the president of miller and long construction. we import -- we pointed out somewhere around 65% of international trade hits the ports. we import cars, we import produce, we import oil and gas. explain how this will affect the prices for people watching right now of everything. >> well, it will be very significant in a lot of ways. we're talking about eleven ports, basically from boston pretty much all the way around to houston. the reason governor scott is concerned is there are four ports in florida that will be affected. this is containerized shipping. electronic goods, food stuff and things like that. it could be massive impact, especially in this -- we had retailers getting trouble getting back on track. it will affect everybody's pocketbook eventually. >> eric: tell us how it trickles down to the consumer. >> basically everything will be
daily life. we begin where the port of oakland a $7 billion operation. in one case, the spending happened at a private room karaoke bar that some people suggest its a front for prostitution. >> reporter: for several nightings we recorded a parade of women many dropped off going into this downstairs bar on 14th street in midtown oakland. it's a familiar scene neighbors say they've been concerned about for years. >> the first thing i thought, there's just too many of them to be waitresses in this place. >> reporter: the business build itself as a private room karaoke bar. is where port of oakland spent $550 last career. the receipt shows his credit card was charged 1:44 in the morning. >> they were like what's going on down there. is this like some kind of weird prostitution thing going on? >> reporter: when we visited bart, -- bar, a regular there told us you can get girls here. in an online review, a customer said he was shown 6 women and asked which one do you want. can you tell us what business you run here? we found the bar manager out front. what about all the girls come
on workingo'ég8çu)u$ the port to confine continued service at the port of san francisco. as a bit of background on june 2012 of this past year mps began pjpublic scoping process establish a long term ferry service between san francisco waterfront and alcatraz island. they're also evaluating possible fer y service to sauc sausalitod are looking at three sites at the port of san francisco. piers 31 1/2ened have operated on the port of san francisco property for the past few decades. currently over 1.4 million people visit alcatraz island each year from their existing site at fisherman's wharf. fisherman's wharf is a bustling commercial district with restaurants, gift shops, over 3,000 hotel rooms and tourist attractions well served by public transportation. contrast that to fort mason and the marina au>%( f predominanty residential neighborhood that i represent with a population of 23,000 residents. 23,000 residents. mps is looking at-0 wharf. the fort mason location would require shuttle buses to take people from jones street to fort mason, which will increase large vehicle traffi
at the port of oakland, unloading the latest ship to arrive. in southern california, a storm of a different kind has brought business to a standstill at the port of los angeles and long beach. the two busiest ports in the state. longshoremen walked off the job to support about00 clerical workers who have been on strike since tuesday. >> all of our containers are on the ocean and off of the coast of california and monday we'll find out if they have been diverted. >> others have been diverted. so far nine cargo ships have headed to other ports including oakland. >> there may be a few ships that come through oakland, but those are ones that normally make the call here. >> reporter: longshoremen are downplaying the impact on the port of oakland and say they will stay on-the-job while their counterparts in southern california continue. now they have a tentative agreement. workers say the latest contract fight in l.a. is about more than money. >> we have got big companies that are outsourcing good jobs and hurting families, and i think people are fed up with it. >> well, it's too soon to say
to the port of dunkirk. that's what we know as the evacuation of dunkirk. >> before you go any further, when did the british come across the channel into france? >> i think they must have done this, maybe even as early as 1938, or, but certainly after the war in 1939 started. they put the british army next to the french in anticipation of the germans coming. of course, by land through the low lands in belgium. so the british army was there in place. and it was really the best that they had. so the fact that they were pushed to dunkirk and forced to evacuate -- >> which is on the channel. >> is on the channel, was a tremendous blow to the british, and to the french. the british of course had to leave the continent across the channel, and the french were then crippled in defense of paris. part of the problem with the dunkirk evacuation by the british was that the left all their equipment in france. they had no time to take their guns, their tanks, their trucks. so the when the british soldiers ended up in southern england after the evacuation, they really only had uniform's on the backs. >> wh
me free. ( accordion playing ) >> narrator: odessa, ukraine: a port town on the black sea known for its nightlife and its beautiful women. under the old soviet union, it was a center of organized crime. now odessa has become a major hub for the global sex trade. women are lured to the port of odessa from all over the struggling countries of eastern europe with promises of badly- needed work abroad. many are unaware of what the traffickers have in store. the production team has set up cameras here. >> we knew that if we wanted to get inside the story that we had to be in a place where it was so prevalent that everybody would have an example or know people who were trafficked. and that's what brought us ultimately to odessa. >> narrator: frustrated with an inability to chase the traffickers overseas, the ukrainian secret service has given us a tip about a suspected sex trader who regularly brings girls through here. across from the port, on the famous odessa steps, we secretly film as she traffics young women to turkey. we've been asked to call her olga. >> the secret service said
the cliff- hanger over the nation's east and gulf coast ports, is almost over. federal mediators say dockworkers represented by the longshoremen's union and the u.s. maritime alliance are close to finalizing a new labor deal. so close, that they've extended the deadline on negotiations by another 30 days. this heads off a strike that could have begun on sunday, crippling 14 important ports. the possibility of a strike worried retailers, manufacturers, and farmers, and risked losses in the billions. >> susie: our next guest says once the fiscal cliff mess is resolved, there will be an explosion of mergers and acquisitions in 2013. he's robert profusek, chairman of the global m&a practice at jones day. so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andthat is a cause for optimism in the merger market. m & a has been fantastic. 9 market has been okay. it's not been at the terrible but it's been good. it's been held back by the negativism that was focused on the eu and this ye
that could shut down some of the country's busiest ports. we'll show how it could impact you. ?o [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise i
of the strike shutting down the biggest ports in the country. think it doesn't affect you? all the holiday presents you ordered could be stuck out at sea, oh, no!. we'll explain it coming up. >>> egyptian president morsi forced to plea his palace after tens of thousands of protesters battle police outside. morsi's days could be numbed per. we'll talk about the impact here at home. even when they say it's not it is always about money melissa: look at the day's market headlines, wait and see is the name of the game on wall street. they watched the latest sparring over the fiscal cliff. stocks weighed between positive and negative territory. shares of netflix soaring more than 14% you wow! the company announced exclusive dib shun deal with disney. they will get first run streaming rights for disney films beginning in 2016. gold prices losing their shine. the commodity tumbled below $1700 a ounce hitting a one-month low. >> to our top story, no bias or bull. "money" will lay it out for you. all the talk about we can't fall off the fiscal cliff, we say why not? it may not be the worse option? m
. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a construct
pushing blue-chips into triple-digit gains. right now the dow is up 113 points. >>> workers at the ports of los angeles and long beach are back at work today of an eight-day strike crippled one of the nation's busiest ports. the announcement came from the mayor of los angeles who joined federal negotiators to negotiate a deal between the employees and portfolio managerment. mayor villaraigosa will be a guest on fox business. >>> elizabeth murdoch died, mother of rupert murdoch. she was considered one of australia's most generous philanthropists donating money to more than 100 charities. dame elizabeth murdoch was 100 years old. that is the latest from the fox business network, giving you the power to prosper. lori: as republicans and democrats continue the back and forth over the fiscal cliff one thing they're already losing is the confidence the american people. look at this. just four in 10 americans believe washington will reach a deal by year's end to avert the fiscal cliff but nearly half do not think they will. that is according to this new poll released by the pew research center.
's biggest ports is now over. the deal that got workers back on the job is next. plus, fire bombs and bullets in the country that is supposed to be keeping the israelis and be keeping the israelis and palestinians from going to war. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>trace: new revelations of the deadly 9/11 attack at the consulate in libya. on capitol hill lawmakers watched multiple videos of the strike. they show a crowd gathered outside and a lawmaker who asked not to be identified said and i quote, "it's amazing how casual they are, it is fought like they just stream in, they are dancing aro
crippling port strike grows. have you heard about this? if workers walk off the job on december 30th, we're looking at a billion dollar a day hit tothe economy. that is a great way to start out 2013. even when they say it's not, it is always about money melissa: all right. first let's take a look at the day's market headlines. stocks falling off today after two-day hot streak with all three major indices closing in the red. investors spooked by bad housing data and all that nonsense in washington. w closing down almost 99 points. another rough day for gold. a rise in homebuilder confidence driving investors away for a two-session loss ofnearly 2%. right now gold is hovering around $1670 an ounce. oil futures for a fourth straight session of gains, crude oil for january delivery gained 1.8% to settle at $89.51 a barrel. >>> all right. we're going to start tonight with a special holiday treat. it's the week before christmas and all through the house, lawmakers are frantic and starting to grouse. not from the cliff, though they do say they care, but from more and more bailouts which could s
a strike of the two biggest ports in the u.s. directly affecting you and your wallet this holiday season. you want to hear this. >>> violent protests portedly lead to the egyptian president fleein his palace. what it could mean here if his rul crumbles before your eyes. what it could mean comin up. ♪ . you stl think you're colder than me? nah. don tell me. tell tiny! [ ice craling ] [ knuckles craing ] and who are you supposed tbe, back-up? handle it. what you looking at? ! cat-like reflexes... whoa! [ ma announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the colde. don't you do it. don't you do it! [ male announcer ] frost brewed coors light. the world's most refreshing er! ♪ . melissa: well u might not think the huge strike the two biggest prts in the countrydirectly impacts you but think about this if you ordered anhing laly, and we all have, christmas or hanukkah gifts you may not get them in me. more than den ships loaded incargo are sitting doc in california and have been for the past week. both sides reportedly agreed federal mediation in
.com/pricerewind. >>> as if the looming fiscal cliff wasn't enough to worry about, now 14,000 dockworkers at ports from massachusetts to texas are threatening to go on strike sunday. that could cost americans billions of dollars, because shipping costs on everything from shoes to cars would skyrocket. cnn's brian todd is at the port of baltimore. >> reporter: victor, this is a crucial port for commerce in this region. this is the seager terminal in baltimore. you see a containership to my right, the terminal on my left. over my left shoulder, 600,000 containers move through the port of baltimore every year, billions of dollars' worth of goods but that could all come to a grinding halt if the dockworkers and the shipping companies can't reach a deal. they moved everything from our cloths to toys and electronics through the ports and into the marketplace but a lot of the goods won't be making it to our stores if longshoreman from maine to texas go on strike. that's what could happen by sunday if a deal can't be reached between the major shipping companies and a union representing nearly 15,000 longshoremen. >> the imp
washington should not pull out the rug from under this rebound. ship wreck, massive port strike that could happen this weekend halts commerce for the country. top of the hour, stocks now and every 15 minutes, lauren at the new york stock exchange. stocks down, but it could be worse, lauren. >> it could be worse. at one point, after 109 points, and now down 59 on the second to last trading day of the year. the nasdaq, believe it or not, is the winner today, down by just about .16%, doing the best of the three major averages. i point that out because for the month of december, the nasdaq is the only major average negative. it's interesting to know we started the year with nasdaq at 26.0 # 5, and now at 29.81, we came a long way. a good year for tech. the vix up above 20. fear of the fiscal cliff and traders saying, all right, we have this idea of a deal getting done baked into the markets, but maybe that's going to unravel a little bit. barnes and noble share, stock up more than 6 #% as i speak. the news is both good and bad. bad news first. they say the holiday period and sales trends will
by gsw arena an affiliate of the golden gate state warriors to rehabilitate port property at piers 30 through 32 diesel on the piers multi-purpose venue usable for public assembly uses and other events and develop a seawall lot 330 residential hotel and/or restate uses and accessory parking is fiscally feasible and responsible under administrative code chapter 29 urging city and port officials to make evaluating the proposed project among its highest priorities and taking appropriate steps for further environmental review of the proposed project. >> president chiu: supervisor kim. >> supervisor kim: colleagues, thank you. this is a resolution before us that is just beginning a process of approvals for the golden state warriors in their proposed project to rehabilitate pier 30-32 and develop a multi-purpose venue on pier 30-32 and seawall lot. this declaration is both fiscally feasible and responsible owrpd your administrative code chapter 29. i just want to make a couple of comments, and also wanted to introduce a clarification amendment which i've distributed to members of the board
. the port just finished the fee process. i was on the water taxi with the bidders because i wanted to see what value they could add specifically for america's cup. my brain doesn't stop therethv i wanted to look atwater taxi as a resource. [speaker not understood]. i want to talk to them more extensively about next year. this gives us plenty time what water taxis mean by the time it is open in 2017, 2018. >> thank you. i just want to say i think this is a truly critical part of this development as we move forward and i appreciate the work that is happening in this area. i know that supervisor wiener has some questions, but i just want to make sure that we continue to look at this, one of the top concerns of course are we going to be able to [speaker not understood] to meet this need and how do we serve it, but also not impact other parts of the city as well. and then how can we also enhance some of the existing issues that already exist in the neighborhood even without the warriors arena that have safety issues, the bike access as well as other public transit. you i really look forward to
are jumping ship. and is there a republican doom's day scenario developing? a southern california port strike is costing $1 billion a day. they are turning down $190,000 salaries. here is the question, will the president end this strike? and tens of thousands of egyptians storming the palace. is egypt about to blow up into a civil war. did president obama disspeaker john boehner in a comment today. >> on the conservative side of the republican party today. with senator demint speaking on the idea that $800 billion of tax increases were offered. but he got the backing of mitch mcconnel. take a listen to what he had to say. >> i think it sis important tha the house leadership is trying to mov move it forward. i had hoped that we would be accomplishing more in the real talks. but i can tell you, there is nothing going on privately that is not going on publicly. even as he has to deal with this rebellion. he has to deal with democrats and harry reid's comments today give you a sense of where they are coming from. >> they have to come up with specific revenue. and they refuse to do that. it is a s
bertha. >> good evening. hopefully it will be averted. the director of the port authority is encouraging the authorities and passengers and cargo airlines to work together and resolve their differences. they want more training and better equipment. the port authority says a strike would be disruptive. and software sales rose 17%. results suggest that it hasn't crimped it spending. and a sweet story about a honeymoon at the waldorf astoria 60 years ago. the hotel honors an veries if you have your receive. he and his wife thought it would be nice to have pancakes for breakfast. but the pancakes were at the 2012 rate which is $24 for room service. $21 for the room, $24 for the breakfast. larry, everything goes up, and this was the second time they did it this year. they had a couple that paid $16.80. >> plus the pancakes. but that is a far cry from the pensional suite which is $8,000 a night. >> the nation still looking for answers after the newtown shootings. right now more information about this mass killer. we are about to talk about all of this with two former fbi profiling experts. tha
've shared with both the cac and with the port commission, but this is the first time that we've come to you board of supervisors because these hearings are broadcast and televised, we think it will reach an even wider audience with a level of detail we haven't yet been able to communicate with the city at large. lisa pagan from our office will address issues and concerns that supervisor kim brought up. peter all bert from the mta will be discussing the transportation survey and assessment that's currently ongoing for the waterfront and how that will impact the environmental review process for this project. we have byron the director of development from the port to discuss briefly the port's waterfront land use plan which we think provides very important context for why this location is appropriate to consider an arena. and then we will have craig talk about the actual design. it's really tremendous that we have craig here to present the design himself because really no one does it justice the way he does. after that we'll just have very brief comments from two other departments, san francis
's action what we're asking the port to do is amend the exclusive negotiating agreement which is the framework for negotiating the transaction between the port and the warriors. we ask that you have benchmarks for the framework and extend the date to endorse the term sheet. one of the concerns we heard from the public this is moving quickly and they want to understand the overall structure of this deal. we think pushing these dates back to a target date of february 15 and performance date of april 15 gives the time to work with the cac, interested stakeholders, you and the board of supervisors in order to create a robust sheet that answers many of the questions that have been raised so with they am happy -- so with that i would like to introduce rick welts and have just frame the project a little bit for us all. >> thank you jenn. thank you commissioners, port staff. my only role here today is express the commitment and enthusiasm of the warriors organization for the success of this project. i could do that in about 90 minutes but thinking you might not be interested i
and the port code there is no requirement than an offense ever charged as a misdemeanor. it can be infraction indefinitely. that is not the case in the port and the parks code. the legislation contains broad and blanket exemptions for festivals and street fairs and parades unlike the park code and today because civic center is a park it is illegal to be nude in civic center plaza even during pride. the code doesn't contain any exemption for that. my legislation does. in addition this legislation has no application to beaches or to private property. the castro and san francisco in general is a place of freedom, expression and acceptance, but those things do not mean that anything goes under any circumstance. freedom, expreagz and acceptance don't mean we don't have any standards of behavior whatsoever. this means people can't do whatever pops into their head no matter the impact on other s and the neighborhood. as a result i introduced this legislation to have a narrower ban on the streets and parks and park lets and this is for everyone and have minimum standards of behavior so everyone
at the ports in long beach. that brought operations there to a screeching halt and shut down major passage of goods from asia. both sides agreed to a federal mediator. as far as i understand almost half of all the cargo arriving in america comes into those ports. it must be a logjam of goods into the country. >> we are talking more than a billion dollars worth of programming trudy's ports every single day. what this is all about is about job security and outsourcing of jobs to other parts of the u.s., china and taiwan. the relatively small clerical workers' union fear their jobs are at risk. they are union back jobs and well-paid. they have been supported by members of a sister union. the effect is to bring the sprawling complex to a standstill. it accounts for more than one- third of the imports into the united states. >> if i am a small business woman in ohio, why should i worry about this strike? >> quite simply, the fear is is if this is allowed to carry on, there will be a shortage of goods and a hold up of the vessels that are languishing behind me. they are just hanging around and n
edition of abc 7 >>> the ports of los angeles and long beach open again. stringing clerical workers reached an agreement last night with the port's 14 shipping lines ending a walk coy in lost trades. the clerk as agreed on a pact providing protection from joby& outsourcing and layoffs. the ports handle 44% of the shipping container traffic. >> economists say prop 30, tax hike approved by voters may slow growth but will not derail recovery. the forecast says jobs will be added more slowly and the state wide jobless rate will improve less quickly. economy yiflts believe personal income won't be as robust as predicted. prop 30 boosts sales taxes a quarter cent and retroactively raises income taxes for the wealthy. >> jazz fans mourning the passing of dave brubeck. brubeck attained pop star acclaim with his album timeout, the first ever million selling kÑÑ0gó;vtv it included classic hit "take five" which you just heard. he was famous for playing in black jazz clubs during the height of segregation. dave brubeck died in connecticut one day short of his 92 birthday. >> with a a gift t
their next step. >>> checking area headlines. one last step needed to end a labor dispute between the port of oakland and its union. last month the workers went on a 24-hour strike that disrupted port operations. the tentative agreement includes a 2.5% cost of living increase range. the contract goes to the board of port commissioners for approval. >>> the man accused of kidnapping and killing sierra lamar will be arraigned on new charge said tomorrow. garcia-torres has been accused of three other attempted kidnappings. the incidents took place in 2009 all in safeway parking lots. >>> cal students are calling to a ban to the salvation army from campus after allegations of being insensitive to lesbians and transgenders surfaced online. university officials are considering a campus wide ban. the salvation army denies any kind of bias. >>> sad news out of the entertainment world. popular mexican american singer jenny rivera is believed dead after a jet carrying her and others crashed near mexico. rivera appeared in concert last night. she was born and raised in long beach. she was named billb
to the port of fran and i can clearly see and use the -- to reach a half a million and i'm very supportive of this and like i said, i never thought this day would come but it's going to happen and i'm very supportive. >> >>> okay search excited about the new cruise terminal but i don't know if questioner excited about the cost. definitely excited about the new cruise terminal. and just trying to understand the numbers and looking at the proms limits for phase two and the change between what was approved and what is being requested today is free much million? is 43 million and i know you discuss the may be 11 million? i don't know if we discussed the whole 43 million and where the costs are and why it's so much. okay. >> i'll take up the 43.254 million is the estimate for the phase two budget. i think why the costs are so high, i would ask kim to give more details, i think that it's a combination of the large site, the cost of reconstruction, and the maritime improves required for the operation and then having many other parts including security a very robust security program, major
that balances commercial interests and brings fish stocks back on track. >> returning to the dutch port after a week of fishing in the north sea. he is only licensed to catch one kind of fish. eu ministers responsible for fisheries say quotas are necessary to protect fish stocks. >> for us, it is about sustainable fishing policy, which is based on the maximum sustainable catch. >> it sounds environmentally friendly, but it results in edible fish being thrown overboard. fisherman dump the unwanted fish that get caught in nets. it does not make much ecological or economic sense. millions of euros are thrown out every year. environmentalists are calling for brussels to enact a throwback band. >> a fisherman has to bring what he catches into port. that would put pressure on the fishing industry because they only want to bring back the valuable kinds. >> in short, throwing good fischbach to see is cheaper than buying new nets like this one. the special design only catches the place. >> it means fishing less foot fishing more sustainably, more intelligently. we are calling on ministers to reduce th
- hanger over the nation's east and gulf coast ports, is almost over. federal mediators say dockworkers represented by the longshoremen's union and the u.s. maritime alliance are close to finalizing a new labor deal. so close, that they've extended the deadline on negotiations by another 30 days. this heads off a strike that could have begun on sunday, crippling 14 important ports. the possibility of a strike worried retailers, manufacturers, and farmers, and risked losses in the billions. >> susie: our next guest says once the fiscal cliff mess is resolved, there will be an explosion of mergers and acquisitions in 2013. he's robert profusek, chairman of the global m&a practice at jones day. so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and e
port, which is an ancient port in greece and one of the most important ports in the southern mediterranean. what they did was they basically took an operation that had been effectively lagging under greek ownership and completely turned it around. > > have the the greek people been welcoming of this? the chinese work way is much different from the european way, let's say. > > the chinese have an extremely efficient working practice. as one spokesman there put it to me, they basically run their business by showing that they work 24/7, that has actually rung alarm bells, though, among a number of greek workers, particularly unionized workers, reporting that they believe that this chinese company is basically bringing chinese third-world labor standards to greece and really to europe. > > i'm curious about that. how does that work with wages for instance? > > the company, cosco, took pains to try to integrate itself here in greece, to show that they were not an invader and to try to persuade greeks that they were not coming in here to basically sort of lower working standards in
is byron webb. i'm a development director with the port and i want to welcome to heron park. it was built in the wetlands in the bay view community adjacent to the indian basin. it is approximately 22-acres and we are here to celebrate the expansion of the wetlands and also the creation of the first bidirectional bike way in the city and in this neighborhood. with that brief introduction -- the reason that we're here i wanted to introduce the mayor and have him speak to these two important projects for this bay view community. [applause] >> thank you brian. i know when you worked on redevelopment you have seen things and especially in the southeast sector and this is a great meet up with you and thank you very much. good morning everybody. so it's still team work. yes. and i'm still kind of dazed from all of the celebrations from yesterday, but i am still willing to go ahead and say go giants yet again, but i have to tell you with a story of how even the players i think with all the news broadcasts i think they were genuinely happy, and especially when i saw angel pag an and after
'll show you how mort discovery threw -- port discovery threw one for them. >>> and some are using a tragedy to make a profit. we'll show you how your donations can go to the correct place. >> three degrees off, no winner this time. wintry showers. will that be the case to start off hour 2013? we answer that straight ahead on abc2 news at 6:00. >>> last week we warned you about scammers using the name of sandy hook to cash. a woman was arrested for doing that. joce sterman has details in this week's scam alert. 33 croorld noelleal ba hides her face. the victim -- the fbi claims alba set up a charity scam potion as the aunt of 6-year-old victim noah posner. >> it's disheartening. i don't know how people can do it. >> reporter: vicky has scene how low scammers can g she's the god mother of benjamin wheeler. his name has been used in a money grab. >> the money is not set up going to him. it's in his name for someone else. >> reporter: a legitimate fund has been set up but vicky said they did it the right way with the family going through a bank. >> that is the only safeguard way to ma
coast have been extended for 30 days. thousands of workers at the port of baltimore and 14 other ports from boston to houston were ready to go on strike sunday. those ports move about 40% of the nation's container cargo traffic. we enjoyed sunshine across the region, but the big story is tomorrow's potential snow. steve rudin is here to talk about that. >> we are watching the maps right now. right now it appears we will see a little bit of snow here in the d.c. area, but not a ton. take a look at the travel forecast. no problems for indianapolis, detroit, new york city and boston. you will find absolutely beautiful conditions as you head to the center of the country. we are watching a storm system to the lower left-hand corner of the screen. this is what is on its way tomorrow. it will start off as a bit of a wintry mix changing over to right now it appears mainly rain. already we do have a winter weather advisory set to go into effect late tonight into the day tomorrow. north and west of d.c., including frederick maryland, and the panhandle of west virginia. what to expect and when co
obama will be david gregory's interview -- guest on meet the press. that port strike is averted for now. the longshoremen union has expired -- extended their expiring contract by 30 days. it puts off a strike by more the 14,000 longshoremen at 50 ports across the country, including here in baltimore. a strike with the crippled operations at ports. it's reported major steps have been taken towards resolving this ongoing dispute. an abrupt end to the career of one long term maryland civil- rights leader. carl snowden will retire january 8. the office of the announcement earlier today. the decision comes amid legal problems. he was convicted last month of marijuana possession and has a court date for violating his probation in a drunk driving case. tonight was a reversal of fortune for morgan state university's president. the board of regents voted to renew his contract, weeks after voting not to. >> president wilson was diplomatic when i inquired about what led up to this controversy and why it suddenly ended in his favor, instead of pointing the finger at his critics, he took the high ro
on strike. that would mean a complete shutdown of all ports from maine to texas. the spokesperson says that the strike would only be partial and that would only affect cargo ship in containers. worker royalties for that type of container is a big sticking point. >> if containers remained to be the focal point, we began would be an advantage for us because we do have other cargo. >> the port of baltimore is plan to keep two terminals open tomorrow to allow as many trucks as possible to make a pickup, in case there is a strike. >> we are enjoying a quiet end to the work ek but we have a new storm system looming as we go into the weekend. a snow system that could bring more accumulation across the maryland area. notice this little patch of snow tracking through west virginia. it is changing over to is wanted moves over the mountains and it will basically fall apart, so i'm not expecting much in hagerstown, but they could get a couple of flurries. nothing to worry about. but it does show what is on the way. a wider view of the radar. the moisture really coming in from the gulf of mexico wi
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